Scotiabank raised its price target for Simon Property Group to $222 from $220 while maintaining a neutral Sector Perform rating. The real estate trust reported a 19.5% revenue increase to $1.79 billion in Q2 2026, with stable 96% occupancy at its U.S. malls and Premium Outlets. Real Estate FFO per share grew 7.9% to $3.29, prompting the company to raise its full-year FFO guidance. Simon Property Group also declared a 4.7% higher quarterly dividend, reflecting confidence in its financial health and growth prospects.
Simon, a leading real estate investment trust specializing in premier shopping and mixed-use destinations, will present at the BofA Securities 2026 Global Real Estate Conference on September 16, 2026. The presentation will be webcast live and availab...
Simon Property Group, a subsidiary of Simon, announced it will sell $800 million in senior notes, split equally between 5.250% notes due 2032 and 5.650% notes due 2036. The weighted average term is 7.7 years with a 5.450% coupon rate. Proceeds will b...
